BAYZF - Bayer's Legal Victory Against Merck: Delaware Court Rules In Company's Favor Regarding Talc Lawsuits | Benzinga
The Delaware Supreme Court reportedly ruled in favor of Bayer AG (OTC: BAYRY) (OTC: BAYZF), stating that the company is not accountable for lawsuits associated with talc-based foot powder products obtained from Merck & Co Inc (NYSE: MRK) in a $14.2 billion deal in 2014.
Bayer is concurrently entangled in legal battles concerning the weedkiller Roundup, inherited through its $63 billion acquisition of agrochemical titan Monsanto in 2018. Despite settling most prior Roundup cases for up to $10.9 billion in 2020, the company still confronts over Full story available on Benzinga.com